Wells Fargo & Company Has Lowered Expectations for Gartner (NYSE:IT) Stock Price

Gartner (NYSE:IT) had its price target dropped by Wells Fargo & Company from $218.00 to $150.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has an “underweight” rating on the information technology services provider’s stock. Wells Fargo & Company‘s target price indicates a potential downside of 1.17% from the company’s previous close.

Several other research firms have also issued reports on IT. Robert W. Baird set a $240.00 price target on shares of Gartner in a research report on Wednesday. William Blair restated an “outperform” rating on shares of Gartner in a report on Tuesday, October 21st. UBS Group boosted their target price on shares of Gartner from $256.00 to $270.00 and gave the company a “neutral” rating in a research report on Friday, January 9th. Truist Financial set a $300.00 price target on Gartner in a research note on Wednesday, November 26th. Finally, Morgan Stanley cut their price objective on shares of Gartner from $281.00 to $275.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 17th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $203.70.

Gartner Trading Down 3.8%

IT opened at $151.78 on Wednesday. The firm’s fifty day simple moving average is $232.64 and its 200 day simple moving average is $247.66. Gartner has a 12 month low of $139.18 and a 12 month high of $544.93. The stock has a market capitalization of $10.94 billion, a P/E ratio of 15.73 and a beta of 1.06. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 4.42.

Gartner (NYSE:IT) last released its quarterly earnings results on Tuesday, February 3rd. The information technology services provider reported $3.94 earnings per share for the quarter, topping analysts’ consensus estimates of $3.50 by $0.44. Gartner had a return on equity of 83.48% and a net margin of 11.22%.The firm had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the prior year, the firm posted $5.45 EPS. The business’s revenue was up 2.2% on a year-over-year basis. Gartner has set its FY 2026 guidance at 12.300- EPS. As a group, research analysts anticipate that Gartner will post 12.5 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP John J. Rinello sold 220 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $229.57, for a total value of $50,505.40. Following the completion of the transaction, the senior vice president owned 3,046 shares in the company, valued at $699,270.22. This trade represents a 6.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stephen G. Pagliuca bought 43,300 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were acquired at an average price of $229.57 per share, for a total transaction of $9,940,381.00. Following the completion of the transaction, the director owned 111,613 shares in the company, valued at $25,622,996.41. This trade represents a 63.38% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 2.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Gartner

Hedge funds have recently modified their holdings of the business. Physician Wealth Advisors Inc. raised its position in shares of Gartner by 143.9% during the fourth quarter. Physician Wealth Advisors Inc. now owns 100 shares of the information technology services provider’s stock worth $25,000 after acquiring an additional 59 shares during the last quarter. Rakuten Securities Inc. lifted its stake in Gartner by 1,980.0% in the fourth quarter. Rakuten Securities Inc. now owns 104 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 99 shares during the period. Addison Advisors LLC acquired a new stake in shares of Gartner during the 2nd quarter worth approximately $27,000. Elyxium Wealth LLC bought a new stake in shares of Gartner in the 4th quarter valued at $28,000. Finally, Activest Wealth Management lifted its position in shares of Gartner by 11,600.0% during the 4th quarter. Activest Wealth Management now owns 117 shares of the information technology services provider’s stock valued at $30,000 after acquiring an additional 116 shares during the period. Institutional investors and hedge funds own 91.51% of the company’s stock.

Trending Headlines about Gartner

Here are the key news stories impacting Gartner this week:

• Positive Sentiment: Gartner says global IT spending will top $6 trillion in 2026 and forecasts ~10.8% IT spending growth next year, underscoring a large addressable market that supports multi-year subscription revenue potential. Article Title
• Positive Sentiment: Zacks published a note saying earnings outlooks have improved in their broader earnings trends report, which could point to analyst revisions helping future sentiment if Gartner’s guidance holds. Article Title
• Positive Sentiment: Analysis pieces note Gartner’s subscription-heavy revenue model, strong renewal rates and central role in vendor selection — features that tend to provide resilience through cycles. This supports the case for a recovery if execution and guidance improve. Article Title
• Neutral Sentiment: The full Q4 2025 earnings call transcript is available for investors to review management’s color on revenue composition, contract growth and guidance details. Use it to verify commentary behind the numbers and guidance. Article Title
• Neutral Sentiment: Morgan Stanley lowered its price target (from $275 to $200) and kept an equal-weight/hold stance — a sign of reduced optimism but not an outright sell call. This typically tempers near-term upside expectations. Article Title
• Neutral Sentiment: TipRanks/analyst coverage reiterates a cautious stance citing slowing contract growth and AI-related headwinds; useful context but not a new rating shock. Article Title
• Negative Sentiment: Law firm Levi & Korsinsky has opened an investigation into Gartner for potential securities-law violations related to non-GAAP disclosures — a development that increases regulatory/legal risk and can pressure sentiment while unresolved. Article Title
• Negative Sentiment: Wells Fargo cut its price target to $150 and moved to an underweight rating, signaling expectations for limited upside and adding selling pressure from a prominent sell-side firm. Article Title
• Negative Sentiment: Market commentary (e.g., Seeking Alpha) highlights negative sentiment post-quarter that could keep downward pressure on recovery until signs of improving contract growth and clearer AI positioning appear. Article Title

About Gartner

Gartner, Inc is a global research and advisory firm that provides insights, advice and tools for leaders in IT, finance, HR, customer service and other business functions. Founded in 1979 and headquartered in Stamford, Connecticut, Gartner specializes in helping organizations make informed decisions about technology, operations and strategy through a combination of published research, advisory services, consulting, executive programs and events.

The company’s offerings include proprietary research reports, market forecasts, and analytical frameworks that are widely used by technology buyers and vendors.